According to the public record, 60, Park View Avenue, Gateshead is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Park View Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
60, Park View Avenue, Gateshead has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 60 Park View Avenue Gateshead as £167,617 and the rental value as £900 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 60 Park View Avenue Gateshead has increased by £4,778 (2.9%) and its rental value has increased by £88 per month (9.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 60, Park View Avenue, Gateshead is in very good condition we estimate a sale value of £175,998 and rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,884 and a rental value of £837 per month.
If you were able to purchase this property for the estimated value of £167,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £824 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 60, Park View Avenue, Gateshead was last sold on 23 Mar 2023 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Park View Avenue, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 50, Park View Avenue, Gateshead, NE9 5EN, a Leasehold flat which sold for £177,000 in Nov 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park View Avenue, Gateshead, NE9 has a total of 62 addresses. According to our analysis of all the public data, 60, Park View Avenue, Gateshead is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in NE9.
60, Park View Avenue, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 60, Park View Avenue, Gateshead is Dunston station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 60, Park View Avenue, Gateshead, 36.6% of property is privately rented and 31.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 60, Park View Avenue, Gateshead, 16.9% of residents are recorded as possessing school level qualifications and 35.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 60, Park View Avenue, Gateshead, the average age was 35.8 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 60, Park View Avenue, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 60, Park View Avenue, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.